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Notice: Pyramid Scheme Alert (PSA) provides current and historical news items that are of interest to our members and visitors. None of the reports or commentaries is intended to imply that any of the referenced companies have been charged or convicted as illegal pyramid schemes.
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Ponzis and Pyramids, the Audio Series
We do not have to open the newspaper to learn about Ponzis modern legacy. Ponzis legacy is now an every-day experience, shared by tens of millions of people in America and worldwide. Wherever you turn, there is Ponzi, whispering friend to friend about a great new opportunity, the chance of a lifetime, but you need to act now. This chapter of Ponzis and Pyramids looks at two enormous and tragic pyramid schemes that swept Canada and the USA recently: To discuss these extraordinary frauds, Canadian Consumer Activist David Thornton of CrimeBustersNow.com is interviewed. Mr. Thornton was the first and most prominent whistle-blower to bring down the tragic Pigeon Ponzi that wiped out so many Canadian farmers. For his actions, he has paid a high price. For naming one prominent scam in Canada a pyramid scheme, he was sued in court for $10 million dollars. Dave Thornton defended himself in court. He did not even have an attorney but represented himself against a team of Canadas best paid lawyers.
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CRIMEBUSTERS NOW.COMCanadian Consumer Website Exposing Pyramids and Ponzis in Canada and worldwide. |
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